Question: A lender allows a 7 5 % loan - to - value ratio. A house has a mortgage balance of $ 1 7 5 0

A lender allows a 75% loan-to-value ratio. A house has a mortgage balance of $175000. Its current market value is $290000. This house has a home equity credit limit of
$42500.
$217500.
$131250.
$86250.
A lender allows a 7 5 % loan - to - value ratio.

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